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NEXTDC starts trading on ASX
Stephen Withers
Monday, 13 December 2010 10:53
Data centre operator NEXTDC began trading on the Australian Stock Exchange this morning.
Approximately 2.8 million shares were changed hands at prices between $1.45 and $1.50 during the first half-hour, after opening at $1.49.
NEXTDC chairman Roger Clarke said "I would like to congratulate everyone involved in the IPO process including NEXTDC staff, its advisers including Moelis & Company, RBS Morgans, Clayton Utz and PricewaterhouseCoopers and, most importantly its institutional and retail shareholders."
The company recently announced that Harbour MSP will be NEXTDC's first and anchor client at its Melbourne data centre.
NEXTDC expects its Brisbane data centre to be operational in March 2011, with the Melbourne site following in November 2011. An announcement of a Sydney site is expected by March 2011.
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